Luminator Technology Group, LLC, a Plano, TX-based manufacturer and integrator of LED-based lighting and display technology as well as passenger information systems to the global mass transportation industry, has completed a $37m senior financing with Siemens Financial Services, Inc.
The company used the proceeds of the transaction, to refinance existing debt, pay a shareholder dividend, pay related fees and expenses and for on-going working capital needs.
Founded in 1934, Luminator Technology Group is today a portfolio company of Los Angeles-based private equity firm Levine Leichtman Capital Partners IV, L.P. and serves three primary end markets: bus, rail, and aircraft.
It is the parent of:
– Luminator, a U.S.-based company that sells specialized lighting and signage products for North American bus, rail, and global aircraft customers;
– Lawo, a Germany-based company that focuses on signage for the global bus and light rail segment;
– Focon, a Denmark-based provider of passenger information systems for global rail customers.